Vehicle electrification market worth $129.6 billion by 2025
A MarketsandMarkets report predicts compound annual growth rate of 11.9% due to various benefits such as lower emissions and increased fuel efficiency.
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Category: Electrification
Honda and GM establishing strategic alliance in North America
They are looking at sharing vehicle platforms and propulsion systems for a variety of core segments and combined efforts would enable both companies to accelerate innovation and more effectively deploy resources in advanced and next-generation technologies.
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JAXA and Toyota name their Moon rover the Lunar Cruiser
Aiming for launch in 2029, the rover will be used for missions to explore the Moon’s polar regions to investigate use of the moon’s resources such as frozen water.
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Bollinger Motors unveils electric delivery van
The Deliver-E concept uses front-wheel-drive variant of the company’s all-electric platform and is slated for a variety of vehicle classes from 2B to 5 in 2022.
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Supercapacitors to usurp batteries, claims IDTechEx
The research firm says that many breakthroughs will allow supercapacitors to replace batteries in many applications, including transportation.
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Hydrogen tech company Hyperion debuts fuel-cell electric hypercar
The company’s first prototype, the XP-1, boasts a 1000-mi range, rapid refueling capabilities, and space-age technology.
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Hyundai announces Ioniq brand dedicated to EVs
With a focus on “customer-centric EV experiences,” the brand will introduce three Ioniq EV models over the next four years, starting in early 2021 with Ioniq 5, a midsize EV CUV based on the Concept 45, all built on the E-GMP platform.
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Group announces world’s first carbon-offset EV charger project
SCS Global Services, Electrify America, and Verra announced the ground-breaking methodology for charging stations.
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GM and EVgo partner on U.S. EV fast-charging network
The companies aim to accelerate widespread EV adoption with more than 2700 new EV charging plugs will triple the size of the U.S.’s largest public fast-charging network.
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Fisker charges into Extreme E racing series
The company confirmed advanced talks for Extreme E, the global electric SUV racing series from the creator of Formula E.
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